3, HALLGATE CLOSE, OAKWOOD, DERBY, DE21 2QY - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 HALLGATE CLOSE is a very small semi-detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £208,044. It was last sold for £160,000 in July 2020, which was about the average July 2020 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 HALLGATE CLOSE Sold Prices

Land registry data shows four sales for 3 HALLGATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. The four 3 HALLGATE CLOSE sales were a mix of roughly equal to the average price, and above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 31 JUL	£160,000	£160,631	Close to HPI
2007 30 NOV	£134,950	£133,162	1% above HPI
2003 27 JUN	£103,000	£84,675	22% above HPI
1998 27 NOV	£53,895	£41,559	30% above HPI

3 HALLGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 3 HALLGATE CLOSE sales between November 1998 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 HALLGATE CLOSE be worth now?

3 HALLGATE CLOSE might now be worth an estimated £208,044.

This is based on house price inflation of 30%, between July 2020 and February 2025, for semi-detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 3 HALLGATE CLOSE of £160,000 on 31st July 2020. For the value to have increased from £160,000 to £208,044 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 3 HALLGATE CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The July 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HALLGATE CLOSE has not materially changed since July 2020.

How Large is 3 HALLGATE CLOSE?

3 HALLGATE CLOSE is 55m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 3 HALLGATE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 HALLGATE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 HALLGATE CLOSE: Plot and Title Map

3 HALLGATE CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 3 HALLGATE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 HALLGATE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 HALLGATE CLOSE?

3 HALLGATE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 3 on HALLGATE CLOSE.